Keep watching Platnium. I'm going to dump six figures in for a couple hours and pull it in and out just keep watching Platnium waiting for that magic number. Remember stocks and commodities aren't a wife and kids your not married to them? Just keep watching Platnium.
Looking To Short The Market?
- Thread starter GREEN MONSTER
- Start date
That will move the market
Platinum is very interesting right now as historically it used to be around twice the price of gold (and being much rarer with real industrial demand it probably should be) but now the price is similar yet there remains the real industrial demand and an actual supply demand curve that is getting more interesting all the time in light of the price action. I've been watching it as well in the futures market but if you are going to run "six figures" you best learn how to spell "Platinum" Typo my new BB10, what can I say its going back today. Shit I never knew you had to spell to buy and traded metals. I'm waiting and waiting In and out and away I go.That will move the market
Sorry (darn BB10s). So are you planning to short the future like selling NYMEX PLJ3? I like that contract. PL is a lot less liquid than GC.
We think Platinum will rise again but haven't seen it come off the bottom yet (which is the only way to know were the bottom was). When it does at 50x leverage per contract I plan to retire.
Last edited:
It will come off the bottom three reason what the fuck here's four.
1) Gold is over prices against platinum. 2) All the bullsit that is happen in South Afria. 3) Mist likely if Russia decides and when they decided to pull their supply as leverage it will sky rocket, they have been stock piling for years. 4) Japan.
